504 Yale Avenue W

Victoria West, Winnipeg

Property score

55.1

Fair

Overall 55.1 · Newer than most nearby homes

908 sqft (bottom 43%) · Built in 1956 (11 yrs newer than avg)

Located in a high-income area with median household income of ~89k

Transit 86.0 · 3-min walk to transit with 4 nearby routes · Within 500m: 1 park, and 2 place of worships nearby

Living Area

Near average

7% smaller than neighborhood avg.

Year Built

Above average

11 yrs newer than neighborhood avg.

Mother tongue

English · 82%French · 4%

Past 10 years Victoria West sales snapshot (~80% of all data)

Sold Count

447

Median price

236.5k

$/sqft

$311/sqft

Avg build year

1945

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Property score

55.1 is composed by the two sections below.

Property Score

45.1Low
Living Area908 sqft42Low
Year Built195643Low
Lot Size4,398 sqft53Fair
Neighbourhood Sales Activity67Good

Community Score

70.1Good
Household Income80Excellent
Education Level22Low
Housing Stress74Good
Core Housing Need100Excellent
Employment Health83Excellent

Neighbourhood Sales

Victoria West

How to read: Share of sales in each ~$50k price band for “victoria west” (Detached houses (non-condo), 2024). The tallest band is the mainstream budget range; multi-year view shows how that band shifts over time.

Market Conditions · WinnipegSeller's Market
Buyer'sBalancedSeller's

Sales-to-New-Listings

64.6%

1,196

sold

1,852

new listings

Manitoba Real Estate Association March public data on New Listings and Properties Sold across Manitoba

Sold Above Asking

65%

Majority sold above asking

68 of 104 sold above asking · Manually compiled from MLS Winnipeg sold listings, May 4 – May 10, 2026

With a Sales-to-New-Listings ratio of 64.6% and 65% of homes selling above asking price, demand is clearly outpacing supply. Buyers are competing, which is putting upward pressure on prices.

Area census snapshot

Dissemination area (DA) — Statistics Canada 2021 Census · Area: #46110824

Community deep dive

$89K

Median household income

$87K

Average household income

4%

Low income (LIM-AT)

0.2

Income inequality (Gini)

2.3

P90 / P10 ratio

23%

Single-person households

28%

Families with children

Population, labour & age

Population (2021)495
Labour force participation rate73%
Median age38.0
Avg household size2.5
Unemployment rate5%
Population density3535 / km²

Households & income

Low income (LIM-AT, % pop.)4%
Single-person households23%
Couple families with children28%
Median household income (2020)$89K

Housing

Renter households12%
Condominium dwellings0%
Median dwelling value (owners)$276K

Diversity, education & language

Immigrants (share of pop.)10%
Visible minority13%
Bachelor's or higher (25–64)12%
Mother tongue (1st)English · 81%
Mother tongue (2nd)French · 4%

Figures are for the census dissemination area containing this listing location; sources and margins may apply per Statistics Canada.

Rankings

Living Area

around average
908 sqft
0255075100
Same streetBottom 30%Same areaBottom 43%CitywideBottom 17%
Same street · Yale Avenue W
#232 / 330
Bottom 30% · Avg 1,539 sqft
Same area · Victoria West
#577 / 1,021
Bottom 43% · Avg 976 sqft
Citywide · Winnipeg
#161,184 / 194,458
Bottom 17% · Avg 1,342 sqft

Tax-Assessed Value

above average
318k
0255075100
Same streetTop 45%Same areaTop 19%CitywideBottom 35%
Same street · Yale Avenue W
#147 / 330
Top 45% · Avg 408.8k
Same area · Victoria West
#190 / 1,021
Top 19% · Avg 281.8k
Citywide · Winnipeg
#126,739 / 194,458
Bottom 35% · Avg 390.1k

Year Built

above average
1956
0255075100
Same streetTop 21%Same areaTop 22%CitywideBottom 36%

Lot Size

around average
4,398 sqft
0255075100
Same streetBottom 36%Same areaTop 42%CitywideBottom 32%

To see this property on a map next to nearby houses—and compare year built, living area, assessed value, and lot size in detail—open the neighbourhood analysis page.

Transit & Walkability

Nearby stops, routes & transit score

Nearby Amenities

Dining, education, healthcare, shopping & more

504 Yale Avenue W — 3 amenities found within 500 m, across 2 categories, including 1 parks (nearest 430 m).

Search radius
🌳Parks1
Worship2

Crime & Safety

Victoria West · WPS public data · 2026

Annual incidents

9

2026

vs. city avg

-69%

relative to avg

Year-over-year

-90%

vs. prior year

Primary type

Property

56%

Sales History

Sold 2/2019CA$250k–300k
Sold price

Same street

Bottom 48%

Same area

Top 35%

City-wide

Bottom 28%

Related homes

Highlights & common questions: 504 Yale Avenue W, Winnipeg

Property Overview: 504 Yale Avenue W, Winnipeg

Key Characteristics & Target Buyer

This 1956-built home on a 4,398 sqft lot in Victoria West presents a balanced urban living profile. Its 908 sqft living space is notably compact compared to the city-wide average, offering a low-maintenance footprint. The property’s appeal lies in its strong position within the desirable Victoria West neighborhood, where its assessed value ranks significantly above the community average, suggesting a well-regarded location. It suits buyers prioritizing location over size—specifically, first-time homeowners or downsizers seeking an efficient, manageable property in an established area without the upkeep of a larger lot or home. A thoughtful perspective is that while the home is smaller than many in Winnipeg, its above-average assessment for the community indicates that the value is driven more by the neighborhood’s desirability than by the structure's size, appealing to those who invest in community over square footage.

Frequently Asked Questions

1. Is the living space too small?
At 908 sqft, the home is more compact than the average Winnipeg house. It’s ideal for individuals, couples, or small families comfortable with efficient living spaces, and may require creative use of multi-functional rooms.

2. What does the assessment ranking tell me?
The assessment value ranks in the top 19% for Victoria West, meaning it’s valued higher than most properties in the immediate community. This often reflects a combination of the lot location, community amenities, and the property's condition relative to its neighbors.

3. How does the lot size compare?
The lot is fairly typical for Victoria West but smaller than the Winnipeg average. This means less yard maintenance, which can be a benefit, but may limit expansion possibilities like a large addition or pool.

4. Is a 1956-built home a concern?
Built in 1956, this home is newer than many on its street and in its community. While this can mean updated building materials and systems compared to much older homes, a professional inspection is still essential to understand the condition of the roof, wiring, plumbing, and insulation.

5. How useful are these comparative rankings?
They provide context against immediate neighbors and the wider city. For example, the home’s value ranks high in its community but closer to average city-wide, highlighting that Victoria West commands a premium. This helps you understand what you’re paying for: primarily location within a sought-after area.

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